Cons: Fewer features than ADP RUN; no 24/7 help. Intuit Online Payroll is a great option for small businessesâespecially those without prior payroll experience. It starts at $25 per month to manage paying employees and contractors, and rises to $39 per month to support federal and state tax forms.
A: In order to have a valid and binding legal contract, three elements are required: an offer, acceptance of that offer and consideration. Usually, the earnest money deposit will satisfy the third requirement, but consideration can also be where the seller takes the property off the market in reliance on the contract.
For a contract to be legally binding, various requirements need to be met, depending on the nature of the agreement, as well as the background of each party. For instance, there needs to be a valid offer with a corresponding acceptance, and each party needs to exchange consideration (something of value).Legally bindingâ means that the parties must obey the terms written in the contract and perform their contract duties as stated. Failure to do so may result in legal consequences, such as a damages award.